Available Energy Rebates & Energy Savings Performance Contracting

Transcription

1 Available Energy Rebates & Energy Savings Performance Contracting Presented by: Kendra McQuilton Chief Executive Officer The ECG Group (631) Ext 409 Aldo Mazzaferro Director of Project Development The ECG Group (631) Ext 410 1

2 The ECG Group: Who We Are Experts in Energy Performance Contract (EPC) Technical Consulting/Evaluation/Design Proven track record of over 100 EPC projects meeting/exceeding the guaranteed energy savings Selected as CCM s Energy Consultant for all statewide EPC projects Women s Business Enterprise National Council (WBENC) Certification 2

3 CT Rebate Opportunities Designed to incentivize business owners to invest in Energy Efficiency EverSource and United Illuminating are the two largest CT utilities offering comprehensive rebate programs Various rebate programs available Prescriptive Program Customized Program Whole Building Program New Construction 3

4 CT Rebate Opportunities (cont. d) Prescriptive Unit-by-Unit Basis (ex: $500/unit for EnergyStar Gas Oven) Customized Calculation Basis (Rebate amount based on Annual electric or natural gas savings) New Construction/Equipment Can be 75-90% of incremental cost of high efficiency equipment Whole Building Targets larger facilities with comprehensive energy reduction strategies deployed. Bonus Upgrades Available 4

5 Why is this important? CT has some of the highest utility rates in the country Rebates are designed to help customers pay less for their utilities Motivating Factors to pursue these programs Rebates for LED lighting No-Brainer Economics Future Funds in Question Act now to capitalize Less Funds in 2018 than past years More Competition ECG specializes in assisting customers to identify energy savings and maximize rebates to fund your capital needs 5

6 Recent Rebate Awards ECG s customers regularly enjoy significant rebates for the comprehensive nature of Energy Performance Contracts Customer Rebate Amount Waterbury, CT ~ $3.7 Million Cheshire, CT ~ $1.25 Million Southington, CT ~ $1.3 Million Guilford, CT ~ $500,000 Branford, CT ~ $225,000 6

7 What Is An Energy Savings Performance Contract (ESPC)? Partnership between a Municipal Agency and Energy Services Company (ESCO) Make needed building improvements now and pay for them out of future, guaranteed energy savings the upgrades will yield No out-of-pocket costs and no risk 7

8 Fund Energy Improvements With No Out-Of-Pocket Costs 8

9 What Upgrades are Eligible? Any system that generates or saves energy Gas Conversions Solar/Other Renewables Temp. Controls Doors Windows Roofs Boilers Exterior Finishing Lighting Many others 9

10 Why Consider an ESPC? Mounting lists of facility needs with constrained budgets Innovative and tax/budget-neutral funding source Myriad of options for energy efficiency. An ESPC identifies, evaluates, implements, and measures all viable upgrades Take Facilities into 21 st Century While Addressing Needed Upgrades CT Rebate Programs reward applicants with bonuses for comprehensive energy initiatives versus one-off, piecemeal projects 10

11 Case Study - Waterbury, CT Financials: Project Size: $27.4 M Annual Savings: $1.67 M 39% Reduction in Baseline Estimated Rebates: ~ $3.7 M Scope Highlights: 14 Boiler Plant Upgrades LED Upgrades to +20,000 fixtures Elimination of Pneumatics and upgraded front-end EMS Steam Traps, Pipe Insulation, Building Envelope, etc. The ECG team is highly knowledgeable and effective in communicating complex subject matter that is clear and understandable to the City s stakeholders -Michael LeBlanc, Director of Finance

12 Case Study Cheshire, CT Project Size: $10.2M Annual Savings: $650K Utility Rebates: +$1.25M In Performance Period Scope Highlights: Complete interior lighting retrofit in classrooms/dimming LED system Energy Management System Upgrades Electric Hydronic Heating Conversion Chiller replacements Oil/Electric Gas Conversions 12

13 Case Study Branford, CT Project Size: $5.9M Annual Savings: $341K Utility Rebates: +$225K Phase: Construction Scope Highlights: Comprehensive elimination of pneumatic controls district-wide Interior/Exterior LED Upgrades Improvements to WWTP Replacement of Air Handling Units across the Town and District Facilities 13

14 ECG s Scope of Services 1. Preliminary Energy Assessment 2. Customized RFP to solicit proposals from ESCO s; ECG Evaluates Proposals 3. Oversight of Investment Grade Audit 4. Technical Review of Investment Grade Audit & Contract 5. Engineering design 6. Construction administration 7. Measurement & Verification; ECG assists owner to ensure guaranteed savings are realized 14

15 Questions? For more information please contact: Kendra McQuilton Chief Executive Officer The ECG Group (631) Ext 409 Aldo Mazzaferro Director of Project Development The ECG Group (631) Ext